2000 (2) TMI 378 - AT - Central Excise

Summary

The appeal was filed by M/s. Eveready Industries India Ltd. against the disallowance of Modvat credit on duty paid on inputs. The Tribunal ruled that non pre-authentication of invoices is a curable defect and Modvat credit cannot be denied solely on that basis. The matter was remanded to the Assistant Commissioner for consideration. Modvat credit for packing and forwarding charges was allowed, and the penalty amount was reduced from Rs. 10,000 to Rs. 1000. The appeal was disposed of accordingly.